With a smooth CEO succession and strong growth in cloud services, MongoDB’s future valuation depends on balancing expansion ...

Database software maker MongoDB on Monday said it would soon welcome a new CEO and said it expected third-quarter results would exceed its prior guidance.

MongoDB (MDB) shares in premarket trading on Monday after it announced that former ServiceNow (NOW) executive CJ Desai will replace Dev Ittycheria as President and CEO. Read for more.